Valeo Financial Advisors LLC Buys 2,061 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Valeo Financial Advisors LLC grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 29.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,016 shares of the exchange traded fund’s stock after purchasing an additional 2,061 shares during the period. Valeo Financial Advisors LLC’s holdings in SPDR Gold Shares were worth $2,183,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Ashton Thomas Securities LLC bought a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at about $28,000. PayPay Securities Corp boosted its stake in shares of SPDR Gold Shares by 55.3% during the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 47 shares in the last quarter. Capital Performance Advisors LLP bought a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at about $35,000. Pittenger & Anderson Inc. bought a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at about $38,000. Finally, Keystone Financial Group Inc. bought a new stake in shares of SPDR Gold Shares during the 4th quarter valued at about $39,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 1.5 %

Shares of GLD opened at $266.29 on Friday. The firm’s 50-day moving average price is $250.74 and its 200-day moving average price is $243.57. SPDR Gold Shares has a 1-year low of $184.84 and a 1-year high of $270.39.

SPDR Gold Shares Company Profile

SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares).